Bitcoin sweeps new 2025 lows as Treasury yields rise, and the strengthening US dollar Index forces crypto analysts to revise their short-term price expectations.
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Senator Claims BRICS Push to Ditch US Dollar Could Boost USD Global Dominance
U.S. Senator Bill Hagerty has warned of growing efforts by BRICS nations to bypass the U.S. dollar’s dominance but argued this could ultimately strengthen the
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From $37B to $24.5B: DAO Treasuries Experience Significant Downturn
In October 2024, the latest data shows that decentralized autonomous organizations (DAOs) hold $24.5 billion in treasuries, down by $12.6 billion since the end of
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JPMorgan Forecasts Potential 50bps Rate Cut in November Following Recent Fed Move
JPMorgan Chase sees the possibility of the Federal Reserve making another significant rate cut in November, possibly by 50 basis points. The bank, which predicted
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Corporate Bitcoin Adoption Surges in 2024, River Report Reveals
Corporate adoption of bitcoin has experienced a significant surge in 2024, according to a recent report from River, a U.S.-based bitcoin-focused financial services company. The
Read moreArthur Hayes explains why Fed rate cuts aren’t helping Bitcoin
The flow of money has gone from treasury bills into higher-yielding reverse repos, according to the former BitMEX boss.
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